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Search Results 0 to 9 of about 10 (some duplicates have been removed)
Mar 20, 2013 12:00pm PDT
tax haven and that this is money that people have questions about, that the way europe is approaching sigh pruls is not the way you'd awe approach these other countries and if you approach the other countries this way you create a real problem and they know that. >> that brings what happens to the parliament and what impact does that have. >> the cyprian parliament decide the to vote down the bill to confiscate the money from depositors. we don't have a bill or any certainty what's going to happen. most likely recommit to the cyprian parliament and then see what's going to happen to the banks. remember the banks have been closed until thursday morning. today walt the governor of the central bank of cyprus presumely he will know saying it could be a run of ten percent of deposits on the cyprian banks. and that's cause for concern. i think the banks in cyprus make two fundamental mistakes. banking 101 is supposed to boil out. don't lose money you don't have and they did and don't ever mess with deposits because that really does effect the trust in the financial system. that said, i thin
Mar 26, 2013 12:00pm PDT
and say we're going to give government benefits-- whether it's marriage, whether it's tax benefits, whether it's access to child custody-- we're going to give benefits to straight people and keep them away from gay people. that's the core question at the heart of both of these cases and we're going to know a lot more about the answers starting tomorrow at 10:00 in the morning. >> in the largest view, no matter what the supreme court says this term, my prediction is we're going to have gay marriage everywhere in america even if the supreme court doesn't do it this term. very soon, within the next five to ten years. that's just because of larger trends with the people themselves and played out in the states. we're in the midst of a massive social revolution and the question is whether the supreme court is going to be exactly with the tide, a little bit ahead of the time or a little bit behind the tide. >> the reason this is so interesting is that a lot depends on how you measure. if you look at the number of states that recognize same-sex marriage it's only nine and that's a minority
Mar 21, 2013 12:00pm PDT
have to cut back when time is tough. they lose tax revenues. they are mandated legally to run a balanced budget so at the time same time consumers and red soxes pull back the government is. in washington, starting in 2011, with the negotiations between the house republicans and the white houses, the house republicans have insisted on big cuts and have won big cuts and that's why we have austerity and will have more this year. >> rose: if the fed wanted to reduce unemployment from seven to whatever it is-- seven. could they do that? do they have the tools to do that? >> no. i don't think so. they're down to incremental policies. i think they know that. ben bernanke and janet yellen, and otheres, are constantly arguing-- correct, i think-- but they tend to put the best face on it as they can, we still have effective policy instruments, we can still give the economy a boost. but you're talking in the desmalplace of the growth rate. there is nothing left in the fed's arsenal, i don't think that could as a half a point to the growth rate. that's not that much to. in the days, when th
Mar 18, 2013 12:00pm PDT
. when the president came to office, we were not on a sustainable fiscal path because of the tax cuts because of the unpaid four wars because of demographics. so we need to do two things at once. we need to support the economy in the short run, investorring in infrastructure putting construction workers back to work, making america important competitive in the future and also address the problems causing a long-run deficit which are healthcare rapidly growing healthcare costs. we can improve our tax code by closing all the tax loopholes that we have. that's what the president has been focused on since frankly since i started working for him back in 09. >> rose: do you believe, are you hopeful that somehow the capitol, the dinners the lunches that are taking place that there's somehow a change in the dynamic of the conversation? >> i think the president is willing to try whatever will work. i think that it's a pretty high hurdle he's facing. i say that because the president worked awfully hard because of the congressional leadership to reach a grand bargain. we set as a goal as a numbe
Search Results 0 to 9 of about 10 (some duplicates have been removed)